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Postal Money Order goes Electronic

New Delhi, Fri, 10 Oct 2008 NI Wire

It?s now time for Department of Posts to go hi-tech as it has switched over to electronic transmission of Money Order (EMO) from Friday and thus will make remittance much faster than ordinary money order. The tariff charges for Electronic Money Order and limits of remittance will be same as in the ordinary Postal Money Order. The customers will no need to pay extra charges for EMO service. The Department of Posts may consider enhancing the maximum limit of remittance, once the process stabilizes. The booking facilities of electronic money order (EMO) will be available in a phased manner from those post offices where Wide Area Connectivity or Broadband Connectivity is available. India Post, the official postal service, which has made available instant Money Order- a fastest method for remittance of money up to a specific amount- working in aid with National Informatics Centre, has said that soon all post offices across the country would be electronically enabled. In the initial phase, transmission would be between Connected Head Post Offices and sub Post Offices. Once the spread of connectivity is increased, all HPOs, important sub Post Offices would be brought under the coverage. EMOs can be paid at all offices including Branch Post Offices. At the connected post office, electronic money order would be printed. In case of electronically transmitted Money Orders meant to be paid at connected post office itself, the same would be transferred to the relevant branch for payment. The M.O. meant to be paid at non-connected offices would be sent through Account bag for payment, as done in the present system. After making the payment and on receipt of paid voucher, the date of payment would be uploaded in the central server by connected post office. However, the present service of ordinary domestic Money Order would also remain available in the Post Offices, as at present. Apart from EMO, other web based services are available at selected post offices such as e-Payment, which is ideal for collection of utility bills and payment in a single check to the service provider, and the ePost, wherein a mail is electronically transmitted and manually delivered like a letter.

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